The Bank of England (BOE) has announced that no decision has been made regarding the implementation of a digital pound. The bank will enter a design phase over the next couple of years, after which it, along with the government, will assess the policy case for a digital currency and determine whether to proceed. Additionally, the BOE plans to launch a Digital Pound Lab as part of this initiative. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io